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PEOPLE & POINTS
Weekly Watch> WEEKLY WATCH NO. 13, 2011> PEOPLE & POINTS
UPDATED: March 25, 2011 NO. 13 MARCH 31, 2011
Controversial Philanthropist
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(CFP)

Chen Guangbiao, one of China's philanthropists, continued his high-profile charity work in earthquake-stricken Yingjiang County in Yunnan Province. He donated 230,000 yuan ($35,000) to people there on March 16, 200 yuan ($30) to each person. His picture with local people lifting the money they received in hand was posted on the Internet.

Chen went to Japan immediately after the country's deadly earthquake occurred on March 11. He claimed that he donated 23 million yen ($284,000) in cash and relief materials. Before the Spring Festival, which fell on February 3 this year, Chen brought 500 million Taiwan dollars ($16.91 million) to Taiwan and personally distributed cash to the poor.

Some people question this high-profile charity. "I want to use my high-profile behavior to stimulate China's rich people," said Chen, in response to people's criticism. Chen, 43, Chairman of a recycling company in Jiangsu Province, has donated more than 1.4 billion yuan ($212 million) to charity projects and promised that he would donate his entire assets, about 5 billion yuan ($758 million), to charity after he dies.



 
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